Lee Harrison of the “Live and Invest Overseas website, recently wrote why he believes there are very good reasons to buy in Mexico today and why he recently purchased a oceanfront home in Mexico. He writes, "I had avoided Mexico for years, but I tell you now, based on my recent experience, Mexico is hands down the easiest option for Americans and Canadians looking to live or invest abroad.” He gives 13 reasons why:
#1 This country is a culturally familiar neighbor…
After living in South America 15 years, I’d forgotten Mexico‘s familiarity, which shows up in many small ways. … like eating Mexican food… or seeing full-size, V8 American SUVs and pickups on the road instead of those wimpy Chinese vehicles… or even seeing the cattle ranchers, with Arizona-style cowboy hats and belt buckles. There’s a lot of American influence in Mexico, and a lot of Mexican influence north of the border, which gives Mexico a very familiar feel. But Mexico also has a rich culture that we aren’t that familiar with… a colorful culture with fascinating traditions, fiestas, arts and artisans, music, and dance.
#2 Easy and fast residency…
If you want to become a resident of Mexico, the process is quick and easy… both for temporary and permanent residents. Like many countries, you can use income to qualify… such as a pension or social security. But what’s really unusual is that you can qualify for residency with savings, such as a 401k or IRA balance. Best of all, my visa paperwork did not require any notary seal, apostille, or translation, as it does in most countries. Just bring your English pay stubs and be on your way…
#3 Six-month visa-free stays…
If you don’t want to fuss with residency at all, you can get a six-month tourist entry by just driving over the border. If part-year living is what you have in mind (or operating a vacation rental), then the six-month tourist entry can do the trick.
#4 The dollar is strong…
The U.S. dollar is at historic highs against the Mexican peso, resulting in some terrific bargains. The cost of living is unbelievably low (even in expensive areas), and the cost of real estate priced in pesos is at bargain levels… at least for now. Both the U.S. dollar and Canadian dollar are enjoying amazing buying power in Mexico…
#5 Mexico has the best food in Latin America…
Forget those beans-and-rice countries, eating guinea pigs, or the bland-and-boring food that you’ll find in much of Central and South America. Mexican food is rich and savory, with loads of exciting options. From its new upscale Mexican gourmet dining, to its mouthwatering seafood, to spicy salsa, tamales, tacos, and enchiladas, Mexico can’t be beat. What about Brazil? I lived in Brazil, and the food is great… but Mexico’s is better.
#6 You can drive there…
When traveling from the U.S. or Canada, it’s a pleasure to simply drive over a land border and continue on your way. No worries about overweight bags, luggage limitations, or restrictions on liquids, flammables, and other airline annoyances. Even pets are a breeze. In some parts of Mexico, you don’t even need a vehicle permit to bring your car or truck. Where you do need one, you can get the permit and the insurance online before you leave, and just drive right through. Of course if you’d rather fly, Mexico is our closest neighbor… with good flight service to the United States, and lots of non-stops to Canada that don’t pass through the United States.
For the other seven good reasons, visit Live and Invest Overseas.
